Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
West Virginia Advances Bill Punishing Banks for Cutting Oil Ties
Bloomberg
West Virginia’s legislature has approved a proposal that could restrict the state’s work with financial institutions that have limited their business with coal and oil companies.
The measure, Senate Bill 262, is now under consideration by Republican Governor Jim Justice, after clearing both chambers over the weekend. If enacted, the legislation would allow state Treasurer Riley Moore, also a Republican, to create a list of restricted financial institutions that “have been shown to refuse, terminate or limit commercial activity with coal, oil or natural gas companies without a reasonable business purpose,” his office said in a statement Monday.
3 replies
= new reply since forum marked as read
= new reply since forum marked as read
